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Nigeria Central Bank Sacks Titan Trust, Union Bank, Keystone Bank, Polaris Bank Boards

The Central Bank of Nigeria has dissolved the board and management of Titan Trust Bank and three others, according to Inside Business.   This followed a report submitted to President Bola Tinubu by the Special Investigator on the Central Bank of Nigeria (CBN) and Related Entities, Jim Obazee.   According to Inside Business, the others affected are Union Bank, Polaris Bank and Keystone Bank.   ....

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Central Bank Special Investigator Insists Titan Bank Chairman, Tunde Lemo, Others Must Honour Summons Over Union Bank Acquisition

The office of Jim Obazee, the Special Investigator on the activities of the Central Bank of Nigeria (CBN) under the leadership of its former Governor, Godwin Emefiele, has insisted that the Chairman of Titan Trust Bank (TTB), Mr Tunde Lemo, Mr Cornelius Vink and Rahul Savara must appear before it on Thursday over the acquisition of the Union Bank of Nigeria.   ....

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Opay Refutes N15,000 Christmas Promo Report

Kindly share this postOPay, Payment platform, has insisted that it is not giving out N15,000 or any other amount this Christmas. OPay is a one-stop mobile-based platform for payments, transfers, loans, savings and other essential services for every individual. The platform currently boasts of over 35 million registered app users and 500,000 agents in Nigeria […] ....

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Jim Obazee Accuses Emefiele of Using Proxies to Buy Banks

Kindly share this postJim Obazee, the special investigator appointed by President Bola to investigate the activities of former Central Bank Governor, Godwin Emefiele, has revealed in his report that the former apex bank chief used proxies to acquire some banks in the country. Late Alhaji Ismaila Isa Funtua, an ally of former President Muhammadu Buhari, […] ....

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